Ascendas REIT
Price target:
RHB “neutral” $3.20
PhillipCapital “buy” $3.64

Mixed reactions to acquisition of data centres in Europe

Analysts from RHB Group Research and PhillipCapital are divided on their recommendations for Ascendas Real Estate Investment Trust (A-REIT), following its acquisition of a portfolio of data centres in Europe for $904.6 million.

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